Heritage Financial Statements From 2010 to 2024

HGBL Stock  USD 1.72  0.06  3.61%   
Heritage Global financial statements provide useful quarterly and yearly information to potential Heritage Global investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Heritage Global financial statements helps investors assess Heritage Global's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Heritage Global's valuation are summarized below:
Gross Profit
26 M
Profit Margin
0.206
Market Capitalization
62.5 M
Enterprise Value Revenue
0.7373
Revenue
49.9 M
There are over one hundred nineteen available fundamental trends for Heritage Global, which can be analyzed over time and compared to other ratios. We recommend to confirm Heritage Global's regular fundamental drivers against the all of the trends between 2010 and 2024. Market Cap is expected to rise to about 107.1 M this year. Enterprise Value is expected to rise to about 104.5 M this year

Heritage Global Total Revenue

63.57 Million

Check Heritage Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 488.3 K, Interest Expense of 307.8 K or Selling General Administrative of 13.6 M, as well as many indicators such as Price To Sales Ratio of 1.6, Dividend Yield of 0.22 or PTB Ratio of 1.59. Heritage financial statements analysis is a perfect complement when working with Heritage Global Valuation or Volatility modules.
  
Check out the analysis of Heritage Global Correlation against competitors.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.

Heritage Global Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding20.4 M37.6 M30.4 M
Pretty Stable
Total Assets87.3 M83.2 M41.2 M
Slightly volatile
Short and Long Term Debt Total10.4 M9.9 M4.9 M
Pretty Stable
Total Current Liabilities15.6 M14.7 M10.9 M
Slightly volatile
Property Plant And Equipment Net2.7 M4.2 M1.5 M
Slightly volatile
Accounts Payable151.1 K159 K3.6 M
Slightly volatile
Cash12.9 M12.3 M7.3 M
Slightly volatile
Non Current Assets Total59.7 M56.9 M28.2 M
Slightly volatile
Non Currrent Assets Other11.5 M11 M3.8 M
Slightly volatile
Cash And Short Term Investments12.9 M12.3 M7.3 M
Slightly volatile
Net Receivables1.8 M1.9 M2.1 M
Slightly volatile
Common Stock Total Equity216 K424.4 K287 K
Slightly volatile
Liabilities And Stockholders Equity87.3 M83.2 M41.2 M
Slightly volatile
Non Current Liabilities Total6.8 M7.4 M4.3 M
Pretty Stable
Other Current Assets7.4 MM1.6 M
Slightly volatile
Other Stockholder Equity195.9 M293.7 M261.7 M
Slightly volatile
Total Liabilities23.5 M22.1 M14.1 M
Slightly volatile
Property Plant And Equipment Gross2.9 M4.6 M1.5 M
Slightly volatile
Total Current Assets27.6 M26.3 M13 M
Slightly volatile
Short Term Debt3.1 M3.3 M2.8 M
Pretty Stable
Intangible Assets3.2 M3.8 M3.8 M
Pretty Stable
Common Stock249.5 K372 K285.7 K
Slightly volatile
Short Term Investments2.9 M2.8 M1.7 M
Slightly volatile
Inventory5.3 M5.1 M1.7 M
Slightly volatile
Good Will6.4 M6.7 M6.2 M
Pretty Stable
Other Liabilities1.9 M2.2 M2.5 M
Slightly volatile
Other Assets0.951.09.1 M
Slightly volatile
Long Term Debt10.3 M5.5 M2.3 M
Slightly volatile
Preferred Stock Total Equity5.1 K5.4 K804 K
Slightly volatile
Property Plant Equipment1.3 M1.4 M1.5 M
Pretty Stable
Deferred Long Term Liabilities678.4 K460.8 K728.7 K
Slightly volatile
Long Term Investments22.4 M21.4 M5.3 M
Slightly volatile
Short and Long Term Debt1.9 M1.7 M3.3 M
Slightly volatile
Net Invested Capital71.7 M68.3 M21.4 M
Slightly volatile
Capital Stock381.7 K378 K323.7 K
Slightly volatile
Capital Lease Obligations2.4 M2.6 M1.8 M
Slightly volatile
Long Term Debt Total696.8 K783.9 K853.6 K
Slightly volatile
Capital Surpluse234.9 M264.2 M287.7 M
Slightly volatile

Heritage Global Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense307.8 K324 K267.4 K
Slightly volatile
Selling General Administrative13.6 M25.4 M12.8 M
Slightly volatile
Total Revenue63.6 M60.5 M26.2 M
Slightly volatile
Gross Profit41.8 M39.8 M16.7 M
Slightly volatile
Other Operating Expenses32.2 M46.2 M23 M
Slightly volatile
Cost Of Revenue15.7 M20.7 M9.1 M
Slightly volatile
Total Operating Expenses17.9 M25.5 M13.9 M
Slightly volatile
Research Development332.6 K350.1 K376.7 K
Very volatile
Extraordinary Items874.4 K983.7 K1.1 M
Slightly volatile
Selling And Marketing Expenses633.3 K604 K617.6 K
Slightly volatile
Minority Interest797.5 K1.6 M1.3 M
Pretty Stable
Non Recurring4.3 M4.9 M5.3 M
Slightly volatile
Reconciled Depreciation440.6 K509 K362.4 K
Slightly volatile

Heritage Global Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation488.3 K514 K475 K
Pretty Stable
Dividends Paid7.1 M6.8 M1.5 M
Slightly volatile
End Period Cash Flow12.9 M12.3 M7.2 M
Slightly volatile
Begin Period Cash Flow13.3 M12.7 M6.5 M
Slightly volatile
Stock Based Compensation436.3 K776 K496.5 K
Pretty Stable
Change Receivables1.4 M1.6 M1.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.61.684135.4946
Slightly volatile
Dividend Yield0.220.250.2731
Slightly volatile
Days Sales Outstanding10.9411.514634.6348
Slightly volatile
Average Payables4.4 M6.6 M6.9 M
Very volatile
Stock Based Compensation To Revenue0.02560.01280.0248
Slightly volatile
Capex To Depreciation0.570.50.4719
Slightly volatile
EV To Sales1.561.644441.0141
Slightly volatile
Inventory Turnover3.884.085718.8494
Very volatile
Days Of Inventory On Hand11189.335370.1903
Pretty Stable
Payables Turnover13713020.0143
Slightly volatile
Sales General And Administrative To Revenue0.420.42010.593
Slightly volatile
Research And Ddevelopement To Revenue0.00430.00450.0278
Slightly volatile
Capex To Revenue0.0040.00420.0319
Slightly volatile
Cash Per Share0.320.33480.2295
Slightly volatile
Payout Ratio0.130.140.1555
Slightly volatile
Days Payables Outstanding2.662.7994179
Pretty Stable
Intangibles To Total Assets0.170.13470.313
Very volatile
Current Ratio0.941.78441.073
Pretty Stable
Receivables Turnover33.2831.69922.0758
Slightly volatile
Graham Number3.393.572.1122
Very volatile
Capex Per Share0.00670.0070.0079
Very volatile
Revenue Per Share1.571.65080.8064
Slightly volatile
Interest Debt Per Share0.220.22740.1409
Pretty Stable
Debt To Assets0.09160.09640.15
Slightly volatile
Operating Cycle88.8210190.4718
Pretty Stable
Days Of Payables Outstanding2.662.7994179
Pretty Stable
Dividend Payout Ratio0.130.140.1555
Slightly volatile
Long Term Debt To Capitalization0.08670.08250.206
Slightly volatile
Total Debt To Capitalization0.120.1160.2557
Slightly volatile
Quick Ratio0.871.44010.9634
Pretty Stable
Net Income Per E B T1.780.89142.5035
Slightly volatile
Cash Ratio0.60.83340.6131
Pretty Stable
Days Of Inventory Outstanding11189.335370.1903
Pretty Stable
Days Of Sales Outstanding10.9411.514634.6348
Slightly volatile
Fixed Asset Turnover13.5514.266148
Slightly volatile
Debt Ratio0.09160.09640.15
Slightly volatile
Price Sales Ratio1.61.684135.4946
Slightly volatile
Asset Turnover0.880.7280.7795
Pretty Stable
Gross Profit Margin0.420.65760.6137
Pretty Stable

Heritage Global Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap107.1 M102 M42.4 M
Slightly volatile
Enterprise Value104.5 M99.6 M36.9 M
Slightly volatile

Heritage Fundamental Market Drivers

Cash And Short Term Investments12.3 M

Heritage Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Heritage Global Financial Statements

Heritage Global investors utilize fundamental indicators, such as revenue or net income, to predict how Heritage Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue497 K344 K
Total Revenue60.5 M63.6 M
Cost Of Revenue20.7 M15.7 M
Stock Based Compensation To Revenue 0.01  0.03 
Sales General And Administrative To Revenue 0.42  0.42 
Revenue Per Share 1.65  1.57 
Ebit Per Revenue 0.24  0.25 

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When determining whether Heritage Global is a strong investment it is important to analyze Heritage Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Global's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out the analysis of Heritage Global Correlation against competitors.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Global. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Earnings Share
0.27
Revenue Per Share
1.361
Quarterly Revenue Growth
(0.33)
Return On Assets
0.066
The market value of Heritage Global is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Global's value that differs from its market value or its book value, called intrinsic value, which is Heritage Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Global's market value can be influenced by many factors that don't directly affect Heritage Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.